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Tuesday, July 24, 2012

Field of Schemes new post Coyotes referendum dead, Jamison sale back on, maybe

Hey, remember how those guys trying to get a referendum on the ballot to oppose the Phoenix Coyotes subsidy deal promised lawsuits if their petitions were rejected for being filed too late? Turns out the petitions were rejected, but sorry, no lawsuits:

Organizers behind an effort to overturn Glendale's Phoenix Coyotes deal say their battle is over largely because the Goldwater Institute won't provide legal backing...
Goldwater officials said that although they wanted to give Glendale voters a chance to weigh in on the 20-year, $324 million Coyotes lease, they did not promise a lawsuit.
"We were trying our best to help our allies figure out the rules, but we weren't going to make an open-ended commitment to go to court if it turned out the city turned down the petitions," said Clint Bolick, the group's vice president for litigation.

So now the possible legal challenges to the Coyotes deal appear to be down to charging that giving public money to a private entity violates the "gift clause" of the Arizona state constitution, though that won't happen until the team sale gets finalized, if it happens at all. Which means prospective owner Greg Jamison can go back to the important task of digging around for $170 million to buy a team that comes with a $200 million subsidy. Has he considered Kickstarter?



from Field of Schemes http://www.fieldofschemes.com/news/archives/2012/07/5023_coyotes_referen_1.html

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